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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2023.

Swedish Krona/Canadian Dollar (FOREX:SEKCAD)

Long-Term Downtrend (-90) - SEKCAD is in a strong downtrend that is likely to continue. While SEKCAD is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SEKCAD?

MarketClub looks at technical strength and momentum to determine if the timing is right for SEKCAD.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SEKCAD
Open High Low SEKCAD Price Change
0.12113933 0.12131136 0.12090076 0.12120250 +0.00006300
Entry Signal

MarketClub’s Trade Triangles for SEKCAD

long term down The long-term trend has been DOWN since May 25th, 2023 at 0.12606600

intermediate term down The intermediate-term trend has been DOWN since Aug 1st, 2023 at 0.12505667

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 0.11995250

Smart Scan Analysis for SEKCAD

Based on our trend formula, SEKCAD is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SEKCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.12113933 0.12131136 0.12090076 0.12120250 +0.00006300
Prev. Close Volume Bid Ask Time
0.12113933 2023-09-24 23:51:29
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